Maybe release of working capital allows for acquisitions and expansion of its own store network giving CW a run for its money.
There was no point in pushing the warehouse format of discount drugstore which SIG acquired previously but now that CW are considered hostile it maybe time to turn up the heat.
In terms of funding the expansion of Discount Drugstore with good incentives to expand existing footprint.
http://sigmahealthcare.com.au/brands/discount-drug-stores/
Street talk confirms CW tendering out wholesale business, page-15
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Last
$2.89 |
Change
0.110(3.96%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.92 | $2.76 | $22.11M | 7.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 509791 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 226186 | 6 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
